Citizens JMP served as the exclusive financial advisor to Trinisys on its sale to Harmony Healthcare IT, a sponsor-backed healthcare data management company. Harmony is a portfolio company of Canadian-based Novacap, a C$8 billion AUM North American private equity investor.

Founded in 2004, Trinisys is a Nashville-based technology company that serves hundreds of clients in 30 states. Trinisys is recognized as one of the fastest-growing cloud-enabled technology companies for workflow automation, legacy data archival, credentialing, patient financial run-down and data collection in the healthcare industry.

Headquartered in South Bend, Indiana, Harmony Healthcare IT is a data management firm that moves and stores patient, employee and business records for healthcare organizations.

“We greatly appreciated Chris and his team’s leadership and guidance throughout this competitive process to find a partner for our founders-owned, bootstrapped business,” said William Bartholomew, chief executive officer at Trinisys. “Their extensive knowledge of the relevant players in healthcare technology was critical to unlocking this successful outcome and finding the perfect cultural fit for our team in Harmony.”

The combined entity plans to provide expanded capabilities, enhance innovation and improve efficiency through streamlined operations and optimized workflows.

Citizens JMP Director Chris Grunewald said: “It has been a pleasure getting to know William and the broader Trinisys team over the past several years, and to have had the opportunity to leverage our expertise to help them throughout this journey. We look forward to following Trinisys, Harmony and Novacap as they enter the next phase of their exciting growth story together.”